#xag #Silver has lost the blue box support zone it has been holding since February.

And we got a daily close below the 60 bottom. Since there hasn’t been a weekly close like that yet, if it recovers on the weekly, the market may feel at ease as if these declines never happened.
As we look at it now, the 53-56 area could act as support. When reversal signals such as incongruence are formed, an upside attempt could come.
For the rally to continue, it needs to break the 71 peak. When it stays above this level, the resistances we will watch are the 77-89 peaks.
If the weekly candle also closes below the 60 bottom in this way, it may test lower supports.